Surprising And Interesting Facts About Your Money
MONEY! You spend it, you save it, and you crave it, but did you know these cool facts about US money?
#1 Americans And Debt
If you have $10 in your pocket and no debts, you are wealthier than 25% of Americans. Last year, Credit Suisse released a report revealing just how poor people are, especially in the United States where debt runs rampant. Mostly, it’s young people who are deep in debt because they graduate from college with massive student loans. And there’s a disturbing trend of buying things people can’t afford just to impress other people.
#2 The Walton Family
As if this weren’t nerve-racking enough: 6 members of the Walton family, who own the Walmart fortune, are wealthier than 30% of Americans today. That means that these 6 people have more money between them than all the money combined of approximately 94.2 million people in the US today.